Cryptocurrencies
Sweden Prefers Steel Over Bitcoin Miners as Power Gets Scarce
- Sweden has one of Europe’s top three Bitcoin mining sectors
- Government seeking ways to track how much power miners use
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Sweden has a choice to make: Provide electricity for job-creating projects such as steel plants or devote more capacity to the Bitcoin miners that are gobbling up growing amounts of power. Energy Minister Khashayar Farmanbar says it’s no contest.